Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively
Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively; nickel prices rose 90% on intraday trading. Copper also recorded new highs, at $10,845 per tonne, while palladium reached $3,440 per ounce. Russia is a substantial producer of all of these metals, and the market expects shortages of these commodities as the country is hit by further sanctions.
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Metal markets register new highs. Aluminium and nickel register a record price on the London stock exchange, at about $4,000 and $55,000 per tonne, respectively; nickel prices rose 90% on intraday trading. Copper also recorded new highs, at $10,845 per tonne, while palladium reached $3,440 per ounce. Russia is a substantial producer of all of these metals, and the market expects shortages of these commodities as the country is hit by further sanctions.